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Long Beach

911 Pacific Avenue

About This Property

Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units. The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns. All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability. With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Listing courtesy of West Shores Realty, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$3,400,000

Est. Monthly Payment

$21,726/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Yu Ooka

West Shores Realty, Inc.